Boutique Hotel Financial Projection Template

Built by a certified professional CPA Built for boutique hotels specifically — our ProjectionHub software has been used by over 2,500 businesses to develop financial projections. Based on this experience we decided to create a customized Excel template that makes creating SBA and investor-ready financial projections for your business incredibly simple. Tables, charts, graphs and dashboards include: Profit and loss at a glance table Use of start-up funds graph Key ratios table ​​Cash generated from operating activities graph ​Investor dashboard ​5 years of monthly and annual income statement, cash flow and balance sheet reports If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

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This template will help you build projections for your business.

Here’s how it works:
1) You download the unlocked Excel file.

2) You fill out your business information on several input tabs:
a. The revenue model will help you predict your revenue by determining your number of rooms, average revenue per room, and the average number of rooms filled for both weekends and weeknights. The model can also take variable expenses like laundry, toiletries, cleaning labor, etc. into account. Revenue and direct expenses will be predicted for sixty months and then will be automatically carried to the financial statements.
b. You will be guided to enter your other expenses in the operating expense model, which includes some suggested line items and amounts to help you get started. This model will populate the expenses and cash flows on the financial statements for you. You can enter your monthly expenses as either fixed amounts or you can set them as a percentage of revenue for variable items like payment processing fees. The first three months of the model are broken out separately so that you can enter start-up expenses.
c. The general assumptions model will guide you to enter balance sheet items such as fixed assets, loans, investments, inventory assumptions, and accounts receivable assumptions. The model will have you input some basic data and then it will calculate the difficult things for you: loan amortization, interest expense, depreciation expense, inventory purchases, etc.
d. The salaries and distributions model helps calculate monthly expenses for salaried employees, including items like employer taxes and benefits. This model also helps you plan for distributions (dividends, owner draws) made to owners.

3) The model automatically updates several output tabs:
a. The At-A-Glance tab shows you a financial snapshot in the form of graphs, charts, ratios, and financial summaries, all ready to be copied into a pitch deck.
b. There are six Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically.
c. The Investor Dashboard tab enables you, a lender, or an investor to see the effect of changing several of the main assumptions of the revenue model (spend per customer, for example). This tab presents the income statement from your model and a special, modified income statement that updates as you change the major assumptions. This enables you to see how sensitive your model is to certain variables without changing the data you already filled out.

4) If you need help, we’re here. We can fill out or modify any of the templates we sell, and we’re always happy to answer questions. When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

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